Globe Interest Coverage from 2010 to 2026
| GL Stock | USD 144.10 0.17 0.12% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 10.35779381 | Current Value 18.16 | Quarterly Volatility 17.9519911 |
Check Globe Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globe Life's main balance sheet or income statement drivers, such as Interest Expense of 75.2 M, Total Revenue of 3.5 B or Gross Profit of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.35, Dividend Yield of 0.0071 or PTB Ratio of 2.02. Globe financial statements analysis is a perfect complement when working with Globe Life Valuation or Volatility modules.
Globe | Interest Coverage | Build AI portfolio with Globe Stock |
Historical Interest Coverage data for Globe Life serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Globe Life represents a compelling investment opportunity.
Latest Globe Life's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Globe Life over the last few years. It is Globe Life's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globe Life's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
Globe Interest Coverage Regression Statistics
| Arithmetic Mean | 15.42 | |
| Geometric Mean | 12.31 | |
| Coefficient Of Variation | 116.40 | |
| Mean Deviation | 8.45 | |
| Median | 10.36 | |
| Standard Deviation | 17.95 | |
| Sample Variance | 322.27 | |
| Range | 75.2345 | |
| R-Value | (0.33) | |
| Mean Square Error | 306.02 | |
| R-Squared | 0.11 | |
| Significance | 0.19 | |
| Slope | (1.18) | |
| Total Sum of Squares | 5,156 |
Globe Interest Coverage History
About Globe Life Financial Statements
Globe Life investors utilize fundamental indicators, such as Interest Coverage, to predict how Globe Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 10.36 | 18.16 |
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Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. Market participants price Globe higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Globe Life assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.093 | Dividend Share 1.08 | Earnings Share 14.08 | Revenue Per Share | Quarterly Revenue Growth 0.036 |
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Globe Life's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.